Land speculation: does it have real economic consequences? [speculative booms in property values]

IN GENERAL, THE MAIN IMPLICATIONS OF A RISE IN THE PRICE OF LAND ARE INDIRECT AND ARE QUITE DISTINCT FROM THE EFFECTS COMMONLY ASSUMED. TO IDENTIFY THE EFFECTS OF LAND SPECULATION ON OUTPUT AND GROWTH, ONE MUST IDENTIFY THE IMPACT OF SHORT-TERM INCREASES IN THE PRICE OF LAND ON AGGREGATE SAVINGS AND...

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Bibliographische Detailangaben

Veröffentlicht in:	Finance & development 1975-09, Vol.12 (3), p.30-33
1. Verfasser:	Lowe, John W
Format:	Magazinearticle
Sprache:	eng
Schlagworte:	Capital stock Developing countries Earnings Economic development Land Land economics Land purchases Land Values LDCs Prices Speculation
Online-Zugang:	Volltext
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